BDX Options History — January 2023

In January 2023, BDX traded between $193.36 and $203.88. ATM implied volatility averaged 24.5%, placing in the 36.3% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 8.8% (HV 20d: 15.7%). Max pain ranged from $196.54 to $196.54. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.44.

Notable Days

  • 2023-01-31: Highest Volume — 2,828 contracts
  • 2023-01-26: Largest IV drop — 8.8% change
  • 2023-01-10: Highest IV Rank — 51.0%
  • 2023-01-31: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$198.99$193.36$203.88$200.68$197.37
Max Pain$196.54$196.54$196.54$196.54$196.54
ATM IV24.5%21.7%26.9%25.9%23.4%
Expected Move7.0%6.3%7.8%6.7%7.8%
HV 20d15.7%14.0%17.5%16.6%16.3%
HV 60d23.5%22.6%24.9%24.9%22.6%
IV Rank36.3%18.9%51.0%44.7%29.7%
IV Percentile46.5%22.2%68.7%59.1%38.1%
Term Structure-1.1%-3.5%1.1%-2.2%0.2%
VWIV25.6%22.1%31.8%24.2%31.0%
Skew 25d4.3%0.3%6.5%0.3%2.9%
Skew 10d9.8%5.1%21.2%5.1%9.3%
Call IV 25d22.7%20.1%26.1%26.1%21.5%
Put IV 25d27.0%24.5%28.6%26.4%24.5%
Bid-Ask Spread %76.0466.4983.8573.2172.63
Gamma HHI0.130.100.160.130.13
Net GEX2.4M-344.4K8.0M4.8M1.1M
Net DEX-54.4M-101.8M-7.6M-76.7M-29.5M
Net VEX-688.5K-724.4K-639.8K-714.5K-713.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.288.541.420.97
Total Volume1,111.553282,8287642,828
Total OI35,143.6526,32141,50936,26228,720

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$200.68$196.5425.9%6.7%16.6%44.7%24.2%0.3%-2.2%4.8M-76.7M-714.5K1.4273.21N/AN/A31544918,28517,977
2023-01-04$201.66$196.5425.1%6.5%14.8%39.6%22.1%4.0%0.3%5.9M-87.7M-707.0K1.8377.77N/AN/A26248018,47118,309
2023-01-05$201.28$196.5425.0%6.8%14.0%39.2%24.8%3.9%-0.3%5.2M-79.7M-706.5K0.8380.60N/AN/A26221618,51818,525
2023-01-06$203.88$196.5425.1%6.9%14.3%39.8%23.9%5.7%-1.7%8.0M-101.8M-673.0K0.2978.04N/AN/A69519818,45818,625
2023-01-09$198.81$196.5425.9%7.4%17.4%44.6%28.0%4.2%0.2%2.9M-55.5M-676.5K0.2875.08N/AN/A2,09959018,28518,500
2023-01-10$200.46$196.5426.9%7.6%17.5%51.0%26.7%2.7%0.2%3.7M-72.0M-662.8K2.3377.95N/AN/A35683120,17518,892
2023-01-11$200.72$196.5426.3%6.7%15.6%47.1%24.5%4.6%-2.6%3.1M-74.2M-639.8K8.5478.99N/AN/A2001,70620,24619,373
2023-01-12$199.83$196.5425.3%7.0%15.6%41.2%27.1%4.9%-1.4%847.7K-59.8M-707.7K1.9981.35N/AN/A23947720,35120,814
2023-01-13$201.19$196.5424.1%6.3%15.6%33.6%23.3%5.8%-3.5%1.4M-71.6M-690.5K0.8581.03N/AN/A31326620,53120,978
2023-01-17$201.40$196.5423.1%6.5%14.8%27.8%23.3%5.4%1.1%3.1M-75.4M-672.0K0.9983.85N/AN/A31431020,45920,201
2023-01-18$199.79$196.5424.3%7.0%15.1%34.7%25.8%3.5%-2.3%2.8M-58.8M-694.2K0.3981.93N/AN/A99138820,54220,337
2023-01-19$200.06$196.5424.9%7.2%14.9%38.8%25.4%4.3%-0.9%2.5M-64.7M-724.4K0.4080.14N/AN/A56222420,24920,357
2023-01-20$198.82$196.5424.0%7.0%15.0%33.2%31.8%3.4%-0.3%540.2K-55.2M-668.6K2.0081.07N/AN/A6491,30020,54320,335
2023-01-23$196.86$196.5424.2%7.0%14.9%34.2%22.4%6.5%-1.6%460.5K-24.9M-676.3K1.0668.13N/AN/A58461811,14315,178
2023-01-24$193.36$196.5424.8%7.1%16.2%38.1%23.2%5.3%-1.6%-344.4K-7.6M-681.3K0.7766.49N/AN/A52240211,46315,607
2023-01-25$193.52$196.5423.8%7.1%15.9%31.6%26.1%4.1%-2.3%70.7K-10.6M-691.4K0.9368.39N/AN/A17015811,80015,855
2023-01-26$195.22$196.5421.7%7.2%16.2%18.9%24.3%5.4%0.1%340.9K-20.0M-685.8K2.1971.88N/AN/A26858811,92415,964
2023-01-27$198.55$196.5422.5%7.1%17.3%23.8%26.5%5.5%-3.4%1.5M-37.8M-685.9K0.4971.43N/AN/A45222012,10116,422
2023-01-30$196.42$196.5424.3%7.7%16.7%35.0%27.1%4.1%0.3%827.1K-25.1M-698.7K0.3470.86N/AN/A54618311,96316,397
2023-01-31$197.37$196.5423.4%7.8%16.3%29.7%31.0%2.9%0.2%1.1M-29.5M-713.4K0.9772.63N/AN/A1,4341,39412,24316,477